NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
iPath Dow Jones UBS Natural Gas Subindex Total Return ETN
Natural gas futures are seeing upward action following Thursday's better-than-expected-inventory report. While the premium-laden GAZ is leading, the
United States Natural Gas Fund
, which currently boasts no premium, is also pushing higher in early afternoon trading.
Market Vectors Solar Energy ETF
Other corners of the energy sector are gaining ground as well. Strength from solar names is helping to buoy not only dedicated instruments like KWT and the
Guggenheim Solar ETF
, but also broader alternative energy funds like the
PowerShares Wilderhill Clean Energy Portfolio
SPDR S&P Capital Markets ETF
KCE spent much of the past week trading sideways. However, as we head into the weekend, the fund appears to have gathered some steam and is currently retesting its 2012 highs.
Other financials-focused ETFs like the
Financial Select Sector SPDR
SPDR S&P Regional Banking ETF
are seeing only limited upside action.
iPath Dow Jones UBS Copper Subindex Total Return ETN
Copper prices are stumbling as risk appetites wane heading into the long weekend.
Copper's weakness is weighing heavily on broader base metals ETFs as well. For a sixth day, the futures-backed
PowerShares DB Base Metals Fund
is heading into negative territory. The fund is fast approaching its 50-day moving average. This level should be watched closely to see if it can hold up as a point of support.
SPDR S&P Biotech ETF
After a staggering run up during the opening weeks of the year, the biotech industry has begun to show signs of leveling off. Over the past week, funds like XBI, the
First Trust Amex Biotechnology Index Fund
iShares NASDAQ Biotechnology Index Fund
have traded along a sideways path. It will be interesting to see which direction they choose in the days ahead.